Monday, January 21, 2013

Technical Analysis FBMKLCI 21-01-2013 : Crossed Below MA60


1. Bearish as index crossed below MA60 & MA120.
2. Increase volume along with this Long(2.5%) Black Candlestick. Largest volume since April 2012.
3. Index to retest Lower trendline at around ~1605-1615. Look for support at this region for investing medium to long term.

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